Guangxi Fusui Qiquan biomass power generation project

Audit Analysis

A VCS biomass power generation project in China with VVB-confirmed additionality and a named certification body, but undermined by three material findings (including a 64% shortfall in verified reductions versus the project design estimate), nine corrective actions, a contradictory baseline method description, and a weakly justified zero leakage deduction. The project delivered roughly 72% of its pro-rata expectation for the elapsed monitoring period, and several operational details (carbon content testing, feedstock sustainability, LCA) are absent from the record.

Project Description

Red Flags

• ⚠Three material findings in the 2021 verification report: diesel fuel monitored via purchase invoices rather than a flow meter, verified reductions 64% below the project design estimate, and operating hours 36% below ex-ante assumptions
• ⚠Nine corrective actions (CAR 01–CAR 09) were required, indicating systemic compliance gaps in monitoring and reporting
• ⚠Leakage deduction of 0% is justified as 'deemed negligible' in the verification report, yet the validation report records leakage as 'not addressed' — an unresolved inconsistency
• ⚠Baseline method is described as 'project-specific' in the 2021 monitoring report but 'jurisdictional' in the 2019 monitoring report, creating ambiguity about the reference case
• ⚠Grid emission factor is from 2017, which is the most recent year available in the record but may not reflect current grid conditions for a project operating through 2048

Credit Vintages